Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

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with 6 comments

With today’s announcement that Harvard University will soon endorse an “open-access” policy for academic publications, I thought time was ripe to post something on recent interesting publications (including my own  :).

There’s a new journal coming, The Journal of Antitrust Enforcement, Oxford University Press. A label of quality => the journal is edited by Ariel Ezrachi  (Oxford CCLP) and William Kovacic  (George Washington University). More here.

A new GCLC book  is out: “The Role of the Court of Justice of the EU in Competition Law Cases”, M. Merola & J. Derenne (eds), Bruylant. As the title suggests, the book contains papers on issues related to judicial review, in all areas of EU competition law. The list of authors is impressive, not least because my co-blogger is in. Topics covered include effectiveness, intensity and scope of judicial review, specialized courts, expert economic evidence, effects-based standards and legal certainty. A must read: Alfonso and Luis Ortiz Blanco’s  paper. In short, they advocate that “legal certainty is hardly compatible with effects-based enforcement“. This view, which still holds sway in most of the Brussels legal community, would certainly deserve to be further discussed and researched (through, for instance, a survey with in-house counsels).

Finally, on a market where the “Whish” remains by far the dominant player, a maverick has made entry : It is entitled “EU Competition Law and Economics“. It is edited by Oxford University Press. And it was written by Damien Geradin, Anne Layne-Farrar and myself. This is the first edition, yet the end of a long story. Our goal has been to integrate as much basic, non quantitative economics into the book.  Given that we will shortly start working again on the next iteration, we’d be glad to have your comments.

One last puzzling thing: in OUP ‘s catalogue competition law titles are classified under the category Public International Law…

PS: I forgot a piece of importance, i.e. a book on Vertical and Distribution Agreements in EU Competition Law edited with my colleague and friend Charles Gheur, from the Brussels School of Competition.

Written by Nicolas Petit

26 April 2012 at 7:06 pm

6 Responses

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  1. if “Whish” is the dominant player then I understand the very low price tag…

    http://www.amazon.fr/Competition-Law-Richard-Whish/dp/0199586551/ref=sr_1_1?s=english-books&ie=UTF8&qid=1335460782&sr=1-1

    comparing to the challenger..

    http://www.amazon.fr/Competition-Law-Economics-Damien-Geradin/dp/0199566569/ref=sr_1_1?ie=UTF8&qid=1335460730&sr=8-1

    Can anyone expand on the economics of price competition among the EU antitrust books ? 🙂

    ABC

    26 April 2012 at 7:28 pm

    • hahahahaha, well several possible explanations: (i) what drives competition on this market is not price; (ii) we’re still quite high on our cost curve; (iii) we can’t RPM, hence OUP sets high prices freely.

      Nicolas Petit

      26 April 2012 at 8:53 pm

      • Well, on that last point, one should let parallel traders do their job since market/price differentiation is unavoidable, so i hope you managed to get a fixed cut per volume sales only 😉

        ABC

        2 May 2012 at 7:58 pm

  2. It would be nice to receive a copy of at least one of those books!

    Alfonso Lamadrid

    27 April 2012 at 12:41 am

  3. You did not get a copy of the GCLC book?

    Nicolas Petit

    27 April 2012 at 8:49 am

  4. That the Geradin/Layne-Farrar/Petit book was long in the making can be seen from the fact that the advertisment text still talks of Article 81 and 82 and that Howrey still exists 😉

    Andrea

    27 April 2012 at 11:52 am


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